
Sausalito, CA 94965
Analysis of 40 Varda Landing Road, Sausalito, CA 94965 is currently available with a list price of $2,600,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Sausalito Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1943, this property is over 80 years old, placing it well into the dated category. While the description highlights 'quality construction' and 'character' features like hardwood floors and timber beams, the lack of any mention of recent renovations to kitchens, bathrooms, or major systems (HVAC/Electric) suggests the interior is likely dated and requires modernization to meet current market standards.
The property boasts a rare waterfront position with unobstructed views of Belvedere Island and immediate proximity to Sausalito’s ferry service and dining.
With six distinct units and a flexible floor plan, the asset supports a variety of uses including residential, live/work, or creative office spaces, maximizing income potential.
The building features high-quality vintage details such as natural hardwood flooring, exposed timber beams, and custom carved wood doors that provide unique aesthetic appeal.
Built in 1943, the property may require significant capital expenditure for modernizing systems and maintaining the structural integrity of a legacy waterfront building.
Being situated within the Marinship Specific Plan (9H) may impose specific usage limitations or development hurdles to preserve the neighborhood's maritime identity.
40 Varda Landing presents a rare opportunity to acquire a waterfront asset within a highly desirable coastal community. The building features quality construction with natural hardwood flooring, exposed timber beams, and custom carved wood doors that add character and visual interest. Large window lines provide strong natural light throughout, enhancing both functionality and livability, while the flexible layout supports a range of potential uses, including residential, live/work, or creative applications. The property is comprised of six distinct units, including three with unobstructed outlooks toward Belvedere Island. Positioned moments from Sausalito's dining, ferry service, and regional transit, the asset sits directly adjacent to the city's renowned floating home enclave. Located within the Marinship Specific Plan (Zoning Plan 9H), the property benefits from a planning framework that supports long-term flexibility while maintaining the neighborhood's maritime identity. The property appeals to a broad range of users, including investors, owner-occupants, creative professionals, and innovative office users. 40 Varda Landing represents one of Marin County's most distinctive small-scale harborfront investments.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 50% |
| Baths | 0.0 | 5.0 | 50% |
| Square foot | 5,939 | 5,213.5 | 50% |
| Lot Size | 8,799 | 7,448.5 | 50% |
| Price | $2.60M | $3.30M | 50% |
| Price per sq ft | $438 | $665 | 50% |
| Built year | 1943 | 1953 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 235 | 50% |
May 5, 2026
$2,600,000
Initial Listing
Mar 18, 2010
$100,000
Public Record
Jan 14, 2000
$684,500
Public Record